Buying a real estate property is a huge step for anyone in Texas; it often has financial consequences for years to come. Unfortunately, not all properties come with clear titles, and the real estate purchase can turn into a nightmare, perhaps even leading to real estate litigation. Quiet title actions are a great way to clear titles and protect real estate buyers.
What is a quiet title action?
A quiet title action is an official legal proceeding that helps to establish the rights of a person or entity in real estate. The process is often initiated when there are questions about who owns, has power over, or holds title to land and other interests in it.
When are quiet title actions necessary?
When a title to land or other property is unclear, you’ll often find conflicting claims about who has power or holds legal rights to property. These disputes can arise in several scenarios, such as when people with similar names purchase properties next to each other, when a property gets inherited by multiple family members or when no one agrees on how to divide it. In all of these situations and many others, the only way to establish a clear title so that people know who owns what land is through a quiet title action.
What are the benefits of filing a quiet title action?
Quiet title actions are a critical part of real estate transactions and provide clarity for people buying or inheriting property as well as those leasing or renting it out. Quiet title actions can also protect real estate buyers from future legal disputes over their properties. These actions help people avoid costly lawsuits and other time-consuming legal actions related to the ownership of properties.
If you’re thinking about purchasing, leasing, or renting real estate in the future, it’s always wise to confirm that the property has a clear title. A quiet title action can help you do this, especially when there are unclear rights or interests.